List of FAQ's
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Why Choose Commerce after Class 10th?
The main factor in Commerce is the diversity that this subject offers to the students, and attracts them to pursue higher education in this stream. If the students are excellent with numbers and good in examining and dealing with big numbers and data, have a basic sense in Economics and Finance, then Commerce stream is ideal choice.
While choosing Commerce students have to make themselves familiar with subjects like Accountancy, Finance, Business Studies, Economics, etc. In today’s scenario, Commerce has become the most favourable career choice in India. Students should start taking Commerce subject seriously and choose the subject after Class 10th. -
What are the benefits of studying commerce?
Studying Business allows a student to observe and analyze the behavior and tactics of different firms. The subject of Business Studies involves more than just mastering the art of doing business. The subject brings students abreast with the corporate culture and prepares them for their professional life.
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What is accounting 11th class student?
Accounting is the art of recording, classifying, summarizing in a significant manner, transactions and events which are of financial character, and interpreting the results thereof.
The Accounting process starts with the identification of the Financial transactions (events or transactions which can be measured in terms of money), then recording them in the form of Journal Entries (eg. Cash Book, Sales Journal, Purchase Journal, Purchase Return Journal, Sales Return Journal etc), then the transactions are classified and posted them into ledger, then the transactions are summarized in the Trial Balance, Profit/Loss Account and Balance Sheet.